(1) If no person within such period establishes his claim to such property, and if the person in whose possession such property was found is unable to show that it was legally acquired by him, the Magistrate may by order direct that such property shall be at the disposal of the State Government and may be sold by that Government and the proceeds of such sale shall be dealt with in such manner as may be prescribed.
(2) An appeal shall lie against any such order to
the Court to which appeals ordinarily lie from convictions by the Magistrate.
Code of Criminal Procedure (CrPC)
451 CrPC Order for custody and disposal of property pending trial in certain cases
452 CrPC Order for disposal of property at conclusion of trial
453 CrPC Payment to innocent purchaser of money found on accused
454 CrPC Appeal against orders under section 452 or section 453
455 CrPC Destruction of libellous and other matter
456 CrPC Power to restore possession of immovable property
457 CrPC Procedure by police upon seizure of property
458 CrPC Procedure where no claimant appears within six months